Big Tech firms to testify on anti-competitive practices

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Big Tech firms to testify on anti-competitive practices
Big Tech firms to testify on anti-competitive practices

With competitive behaviour in the digital market space being the area of focus, the summoning of representatives of Big Techs by the Parliamentary panel is in line with its earlier discussions on the matter

To depose on the subject of anti-competitive practices by tech entities, representatives of Big Tech like Amazon, Google, Netflix and Microsoft, among others, have been summoned by the Parliamentary Standing Committee of Finance on Tuesday.

To discuss the matter that has garnered a lot of attention in recent times, the panel, which is headed by BJP MP and former Union minister Jayant Sinha, will hold a meeting on Tuesday, according to official sources.

To discuss the matter, the committee has also summoned representatives of ecommerce entities like Flipkart and even cab and hotel aggregators like Ola and Oyo, respectively.

The meeting comes at a time when the big players in the digital and technological space have been accused of indulging in anti-competitive methods and unfair business practices.

With competitive behaviour in the digital market space being the area of focus, the summoning of representatives of Big Techs by the Parliamentary panel is in line with its earlier discussions on the matter.

Deliberations have already been held by the panel with the representatives of the Competition Commission of India (CCI) and also with the officials of Indian tech firms on the subject.

Also readMonitoring industry trends and the evolving tech landscape is a must to build enterprise architecture for the future

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